A wage garnishment or wage levy is a very powerful tool used to collect back taxes through your employer, social security payments, or retirement account payments. Once a wage garnishment is filed with an employer, the employer is required to collect a percentage of each paycheck. A portion of the paycheck that would have otherwise been paid to the employee instead will now be paid to the IRS or State agency to settle back taxes.
The wage garnishment stays in effect until the balance is fully paid or until the IRS and / or State agree to release the garnishment. By securing a temporary freeze on further collection activity, we have sufficient time to analyze your situation and determine the best course of action.